[goodluck2everyone]

the MCQs were definitely doable, I studied to the point of being able to have a reasonable answer for 80% of them but my test was EXTREMELY tricky and not straight forward at all. Even the first testlet was tricky. Someone taking this exam would have had to know every single nuance about the sections to get these answers correct.

First testlet was pretty straight forward. Took me about 25 minutes.

Second testlet was medium except for a few questions out of left field. The questions didn’t get longer but more geared towards smaller topics. Not sure what they were asking for a few of them.

Third testlet was freaking stupid. I remember struggling with this one.

SIMs were a joke as usual (not in a good way)

BEC- 80
REG- 68, 71, July
AUD- 61 , 84
FAR- -- 75 🙂

[goodluck2everyone]

lol I was reading on other threads how drama ninja closed an amusing thread and was later opened by jeff

didn't realize it was this one…

BEC- 80
REG- 68, 71, July
AUD- 61 , 84
FAR- -- 75 🙂

[MrNormalGuy]

I have a really high IQ and have trouble with this exam. I'm not going to tell you what it is because it's a lose lose situation…

The number one factor that governs what we understand when we read is interest. A child can have add but a photographic memory when it comes to semantics of some exaggerated type.

Don't let this exam make you feel dumb or weak….the best accountants do not pass the first time. I know this by first hand experience. Most accountants that I know who are CFO's – or that I've met, told me that it took them years to pass. What governs success is mostly a mix of luck, skill, and destiny. Do not be afraid to seize your destiny.

I promise you that the CFO's of the big four most likely did not do well on the exams but won the marathon…not the sprint..

But don't also let that get you off your throne for passing this test on the first try….that's pretty good…and a great accomplishment too.

far:
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[MrNormalGuy]

And to be honest with you, nuclear physics for me, is easier than the CPA exam, because the CPA exam requires and extraordinary amount of work to cover all the material….I understand nuclear physics almost as soon as its taught, as well as matrix algebra, and advanced math and statistics…but when it comes to boring laws and reading about federal acts….I pretty zone out an day dream…

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[Anonymous]

Clearly grammar isn't your forte either, Mr. Self-Proclaimed Genius. I passed the exam on the first try…are you saying I'm not a good accountant?

[Minimorty]

@Normal – “The best accountants dont pass the first time.” Umm, yeah, they kinda do. Are there exceptions? Of course. However, if you took a sample of the CFOs and COOs of the largest 500 companies in the U.S., I am sure that the vast majority of them passed on their first try.

Also, this exam has nothing to do with luck. If you are properly prepared and you understand the material, you should pass. If you half-ass it or convince yourself you are ready when you are not, then you will fail. Luck plays no role in passing.

If nuclear physics is easier for you than accounting, then you are in the wrong profession.

[jeff]

“However, if you took a sample of the CFOs and COOs of the largest 500 companies in the U.S., I am sure that the vast majority of them passed on their first try.”

Disagree.

First of all – not all of them are CPAs…many come from finance backgrounds (CFO) and many COOs rise to the top coming from a field related to their industry – like engineering.

Second, career ladder-climbing and passing a timed accounting exam on the first attempt are not necessarily related.

Jeff Elliott, CPA (KS) | Another71 | NINJA CPA | NINJA CMA | NINJA CPE

[Minimorty]

I think we can disregard those who have not taken the exam. I'm not saying all CFOs and COOs are CPAs. I am saying those who are, likely passed the exam on the first try.

The employees that ladder-climb in companies like that are the best and the brightest. You dont ladder-climb to a CFO position in a publicly-traded company just because you have 30 years experience. It is because you have 30 years experience and you are better at your job than the other 99% of people with 30 years of experience.

Look at it this way: If you took the top 500 CPAs in the highest-paid positions of publicly-traded companies, what percentage of those people passed the exam on the first try? If you had to bet your life savings, would you bet that it would be more or less than 50% (well above the average)?

How about the partners of the largest accounting firms? More or less than 50% passed on first try?

[jeff]

“Best and Brightest”

Passing (or failing) the exam is not a measure of intelligence or accounting/tax/auditing aptitude in a real world environment.

I know what you're saying, but it's just conjecture 🙂

It's like saying the “vast majority” of CFOs had 3.9 GPAs in college.

Jeff Elliott, CPA (KS) | Another71 | NINJA CPA | NINJA CMA | NINJA CPE

[Anonymous]

What a great opportunity to be super pedantic and poke at this conversation as a perfect example for the correct usage of “begging the question”

[nolifecpa]

did anyone say “rocket ship” yet?

ok, just checking

REG-65,71,74,73,70,74,79
BEC-60's,60's,69,71,76*,78
FAR-67,66,65,79
AUD-54,60's,65,83*,69,80
*expired

DONE

[Minimorty]

Agree it's just conjecture. Wish I had some data to back it up.

The vast majority of CFOs probably did have a 3.9 GPA in college, although I think it would be significantly less relevant since there are so many general requirements that have nothing to do with accounting.

There are always exceptions, but I think that people who pass all four on their first try are generally more successful in their careers than those who dont.

[jeff]

Mini is no doubt about to drop some links on me to show me whats up! 🙂

Jeff Elliott, CPA (KS) | Another71 | NINJA CPA | NINJA CMA | NINJA CPE

[jeff]

“…I think that people who pass all four on their first try are generally more successful in their careers than those who don't”.

Define “Success”.

Work 80 hours a week, divorced and 2 teenage kids that hate you?

😛

Jeff Elliott, CPA (KS) | Another71 | NINJA CPA | NINJA CMA | NINJA CPE

[Minimorty]

Haha. True, but doesnt disprove my theory. That person may still have a successful career. He just failed in other aspects of his life, perhaps because of his successful career.

[Witchkizzle]

I failed a section. I'm going to be a million dollar a year earner!!

Best logic ever!

Texas CPA
Licensed 03/12

[Author]

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